Top Online Payment Gateways In Nigeria For E-Commerce

Payment Gateways in Nigeria

Payment gateways are websites where people can pay for goods and services using credit cards, debit cards, bank transfers, and other methods. They’re often used by businesses to process transactions, but anyone can set up an account on a gateway website.

We have compiled a list of payment gateways in Nigeria that you can use to accept payments online.

Paystack

Unique Selling Points

• Getting paid by paystack: Payments can be completed in 2-3 easy steps. Your customers can make hassle-free payments directly on your website.
• Grow with paystack: Beyond payments, get reliable support and business solutions to measure and improve your growth.
• Getting started with paystack You can setup Paystack on your site or app even without a developer in minutes.

Pricing

• Setup Fee: Free
• Local Transactions: 1.5% + ₦100 (The ₦100 fee is waived for transactions less than ₦2500)
• International Transactions: 3.9% + ₦100

– Learn more about Paystack

Rave

Unique Selling Points

• Multi-currency support
• Multitenancy possibilities
• Card and account payments

Pricing

• Setup Fee: Free
• Local Transactions: 1.4% + NGN 50.00
• International Transactions: 3.5%

– Learn more about Rave

VoguePay

A simple and secure way to send and receive payments globally. VoguePay’s global coverage allows consumers and businesses to safely make and receive payments in all major currencies, regardless of location.

Interestingly, VoguePay also offers safe and secure platform to accept payment in bitcoin. You can accept one-time payments, set up subscriptions, and even receive donations.

Unique Selling Points

• Multiple payment channels
• Developer friendly
• Easy Account Management
• Multi-currency support
• Free integration: Easily integrate payment to your website using our plugin libraries and extensions.

Pricing

• Integration: Free (fees may apply for customisation)
• Merchant Verification: ₦ 1,500 (with CAC) and ₦ 2,500 (with Govt. issued ID cards)
• Local Transactions (Naira Cards): 1.5% Transactions above ₦2,500 1.5% + ₦30
• International Transactions (USD MasterCard & VISA Cards): 3.8% + 0.50 of currency transaction

– Learn more about VoguePay

GTPay

GTPay is a secure internet payment gateway developed by GTBank to facilitate payments online using debit Cards

You must have an account with GTBank to use GTPay.

Unique Selling Points

• International Acceptance: GTPAY accepts both locally and internationally issued cards including Interswitch, MasterCard and VISA.
• Timely transaction processing: Merchants get value next working day after transaction takes place for local transactions and 48 working hours for international transactions
• GTPAY monitoring log: GTPAY comes with a unique, online monitoring console that allows merchants view transactions as they occur.
• Reduced sign-on fee: GTBank is a certified developer partner so we take off GTPAY set-up fee for our merchants and as such the set-up fee is waived for them.

Pricing

• Setup Fee: ₦75,000
• Local Transactions: 1.5% of transaction amount (subject to a maximum of N2,000)
• International Transactions (MasterCard, VISA): 3% of transaction amount; no cap.
• International Gateway Monthly Charge: N5,000

– To learn more about GTPay

Interswitch WebPay

Webpay integrates directly into your website and enables funds to be paid into your account.

Unique Selling Points

• Powered by Interswitch, a trusted name in payments
• Integration to WebPAY using an InterSwitch Certified WebPAY Integration Partner (CWIP) at no extra cost.

Pricing

• Setup Fee: ₦150,000
• Transaction Fee: 1.5%, subject to a cap of N2,000.

– Learn more about Interswitch WebPay

Amplify

• World-class, bank-level security
• Get your money within 24 hours
• Card correction technology
• Multiple payment options
• Accept payments without needing a website: You can accept payments without needing a coder. Create a simple form, send the link to your customer, and get paid.

Pricing

• Setup Fee: Free
• Local Transactions: 1.5% + ₦20 (capped at ₦2,000)
• International Transactions: 3.8% + ₦20

– Learn more about Amplify

We can help you improve your existing business? Contact us or request a quote today.